XTM Management

Management criteria checks 0/4

XTM's CEO is Marilyn Schaffer, appointed in Dec 2005, has a tenure of 18.42 years. directly owns 2.39% of the company’s shares, worth CA$750.00K. The average tenure of the management team and the board of directors is 0.3 years and 2.3 years respectively.

Key information

Marilyn Schaffer

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	18.4yrs
CEO ownership	2.4%
Management average tenure	less than a year
Board average tenure	2.3yrs

Recent management updates

Recent updates

Is XTM (CSE:PAID) Weighed On By Its Debt Load?

Aug 27

CEO Compensation Analysis

How has Marilyn Schaffer's remuneration changed compared to XTM's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$11m
Jun 30 2023	n/a	n/a	-CA$8m
Mar 31 2023	n/a	n/a	-CA$8m
Dec 31 2022	n/a	n/a	-CA$7m
Sep 30 2022	n/a	n/a	-CA$8m
Jun 30 2022	n/a	n/a	-CA$7m
Mar 31 2022	n/a	n/a	-CA$6m
Dec 31 2021	CA$325k	CA$295k	-CA$5m
Sep 30 2021	n/a	n/a	-CA$5m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	n/a	n/a	-CA$4m
Dec 31 2020	CA$184k	CA$184k	-CA$4m
Sep 30 2020	n/a	n/a	-CA$2m
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	n/a	n/a	-CA$2m
Dec 31 2019	CA$186k	CA$170k	-CA$2m
Sep 30 2019	n/a	n/a	-CA$1m
Dec 31 2018	CA$166k	CA$150k	-CA$970k

Compensation vs Market: Insufficient data to establish whether Marilyn's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Marilyn's compensation has increased whilst the company is unprofitable.

CEO

Marilyn Schaffer (61 yo)

18.4yrs

Tenure

CA$325,000

Compensation

Ms. Marilyn Schaffer is the Chief Executive Officer and Director at XTM Inc. since December 2005, serves as its Chairperson and served as its President. Ms. Schaffer founded XTM, Inc. in 2005. She is respo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marilyn Schaffer	Chairperson & CEO	18.4yrs	CA$325.00k	2.39% CA$ 750.0k
Cary Strange	President	less than a year	no data	no data
Swapan Kakumanu	Chief Financial Officer	less than a year	no data	no data
Chad Arthur	Chief Operating Officer	less than a year	no data	no data
Doug Earp	Chief Technology Officer	less than a year	no data	no data
Jessika Cabral	Chief Compliance Officer & Director of HR	no data	no data	no data
Jonathan Weiss	Vice President of Sales	less than a year	no data	no data
Sharon Kirby	C.R.O	less than a year	no data	no data

0.3yrs

Average Tenure

Experienced Management: PAID's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Marilyn Schaffer	Chairperson & CEO	18.4yrs	CA$325.00k	2.39% CA$ 750.0k
Keith McKenzie	Independent Director	1.6yrs	no data	5.45% CA$ 1.7m
Randy Khalaf	Independent Director	3yrs	no data	0.13% CA$ 39.6k
Olga Balanovskaya	Director	1.6yrs	CA$64.25k	no data

2.3yrs

Average Tenure

55yo

Average Age

Experienced Board: PAID's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

XTM Management

Management criteria checks 0/4

Key information

Recent management updates

XTM Inc. Announces Executive Changes

XTM Inc., Annual General Meeting, Oct 12, 2022

XTM Inc. Appoints Veer Siddiqui as Chief Operating Officer and General Counsel

Less than half of directors are independent

Recent updates

XTM Inc. announced that it has received $12.178468 million in funding

XTM Inc. announced that it expects to receive $5 million in funding

Third quarter 2023 earnings released: CA$0.027 loss per share (vs CA$0.011 loss in 3Q 2022)

New major risk - Market cap size

Second quarter 2023 earnings released: CA$0.014 loss per share (vs CA$0.011 loss in 2Q 2022)

XTM Inc. (CNSX:PAID) completed the acquisition of QRails, Inc. for $3.5 million.

New minor risk - Shareholder dilution

XTM Inc. to Report Q1, 2023 Results on Jun 30, 2023

Third quarter 2022 earnings: Revenues in line with analyst expectations

XTM Inc. Announces Executive Changes

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

XTM Inc., Annual General Meeting, Oct 12, 2022

XTM Inc. Launches Stand Alone Tip Pool & Tip Share Automation Product

First quarter 2022 earnings released: CA$0.009 loss per share (vs CA$0.007 loss in 1Q 2021)

XTM Inc. Appoints Veer Siddiqui as Chief Operating Officer and General Counsel

Full year 2021 earnings released: CA$0.034 loss per share (vs CA$0.036 loss in FY 2020)

Less than half of directors are independent

XTM to Roll-Out 100,000 Mobile Wallets and Virtual Debit Cards Across the United States

Third quarter 2021 earnings: Revenues in line with analyst expectations

XTM Inc. announced that it expects to receive CAD 6 million in funding

Chief Financial Officer Dan Tyler has left the company

Is XTM (CSE:PAID) Weighed On By Its Debt Load?

Second quarter 2021 earnings released

XTM Inc. (CNSX:PAID) acquired assets of Tiproll.

First quarter 2021 earnings released

XTM Inc. Announces Launch of Its Full U.S. Roll-Out of the Today Instant Employee Payout Solution

Full year 2020 earnings released

XTM's TodayTM Program Begins Boston Pizza Franchisee Onboarding with Maceachern Group

Maple Leaf Sports and Entertainment Selects Today™ Mastercard® Program for Instant Employee Payouts

XTM Inc. announced that it has received CAD 1.175 million in funding

New 90-day high: CA$0.43

XTM Inc. announced that it expects to receive CAD 1 million in funding

XTM Inc. (CNSX:PAID) signed a Letter of Intent to acquire Harlo Entertainment.

Xtm Inc. Signs Letter of Intent with North American-Based Harlo Entertainment

XTM Inc. to Launch Direct Deposit for Its Today™ Card Holders

New 90-day high: CA$0.24

XTM Inc. to Go Live on BlackFox Restaurant Management Tracking App with TodayTM Program

XTM Inc. Goes Live with the Integration of the Today Program to the DELIVER Plus Point-of-Sale System

XTM, Inc. Announces That Today Mobile App and Mastercard Instant Payout Solution Was Chosen by Earls Restaurants as Their Payment Solution

New 90-day high: CA$0.20

XTM, Inc. and KABN Systems North America Inc. Launches KABN Visa Card

XTM, Inc. Completes Its 2.0 Fintech Platform

XTM to Offer Micro-Credit and Credit-Score Build/Repair to its Today™ Card Holders

Third quarter 2020 earnings released: CA$0.004 loss per share

XTM Launches Vert Visa Credit Card to Provide the Newly-Banked and Underbanked Access to Unsecured Credit

XTM Inc. announced that it has received CAD 0.821523 million in funding

XTM to Deliver North America's First EMV and Contactless Enabled Instant Cash to Card Kiosk

First half earnings released

XTM Inc. to Report Q2, 2021 Results on Sep 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age